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| Three Months Ended | |||||||
| March 31/98 | March 31/97 | ||||||
| Financial (in millions) (unaudited) | |||||||
| Revenue | $132 | $114 | |||||
| Earnings from operations | 26 | 27 | |||||
| Net earnings | 18 | 14 | |||||
| Cash provided by (used in) operations | 22 | (4 | ) | ||||
| Working capital (end of period) | 425 | 157 | |||||
| Capital employed (end of period) | 2,142 | 1,805 | |||||
| Long-term debt (% of capital employed) | 13.3% | 14.5% | |||||
| Per common share | |||||||
| Net earnings | $0.31 | $0.27 | |||||
| Cash provided by (used in) operations | 0.38 | (0.07 | ) | ||||
| Dividend | 0.125 | 0.125 | |||||
| Weighted average number of paid common shares outstanding (in thousands) | 57,216 | 53,032 | |||||
| Average uranium spot price for the period (US$/lb) | $11.27 | $13.77 | |||||
| Note: Currency amounts are expressed in Canadian dollars unless stated otherwise. | |||||||
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